We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not...

Without the sustainable utilization of the natural resources in the Danube Delta, the ecological support endorsing the activities determined by these resources fails irreversibly, jeopardizing even their running. This paper introduces a model of sustainable utilization of the fishing resources...

We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not...

This publication focuses on the economic, environmental and social aspects of fish piracy and identifies the forces that drive this activity. Based on data from a workshop of around 120 experts, as well as analytical documents developed for this study, this book presents systematic and...